For someone who claims to hate America, Chavez sure likes to spend money like an American!
Big lift-off for Chavez
Friday, October 31, 2008
Chinese and Venezuelan scientists hovered over radar screens, a Russian combat jet flew overhead and satellite dishes tilted toward the skies as Venezuela tracked the launch of its first satellite yesterday.
President Hugo Chavez has turned toward the East for help in technological development, and his latest endeavor - at a cost of US$406 million (HK$3.17 billion) - will help him spread his revolutionary message across Latin America.
A rocket launched from Sichuan carried the 5.1-tonne satellite, which is expected to reach 36,500 kilometers above the earth next week.
It will begin carrying radio, television and other data transmissions early next year
http://www.thestandard.com.hk/news_d...